Tuesday, March 1, 2011

INSIDERS STILL WANT OUT

Update-I corrected the $ figures, forgot to add the zeros.

Bloomberg released the insider sales to buys report today, here's the chart of what they look like


That ratio is 122 shares sold for every 1 bought, it's been like this for a long time. In dollar terms, about $128  million in buys and and $5.4 Billion in sales. As always, there's a lot of reasons an insider may sell, but "I think my stock is going to be worth a lot more soon" is not one of them.

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